2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

Colombia-Paraguay In 2022, Colombia exported $49.3M to Paraguay. The main products that Colombia exported to Paraguay are Petroleum Coke ($9.4M), Electrical Control Boards ($5.4M), and Refined Petroleum ($4.21M). During the last 27 years the exports of Colombia to Paraguay have increased at an annualized rate of 8.04%, from $6.1M in 1995 to $49.3M in 2022.

In 2022, Colombia did not export any services to Paraguay.

Paraguay-Colombia In 2022, Paraguay exported $37.7M to Colombia. The main products that Paraguay exported to Colombia were Starches ($8.57M), Corn ($7.74M), and Malt Extract ($4.04M). During the last 27 years the exports of Paraguay to Colombia have increased at an annualized rate of 6.43%, from $7.01M in 1995 to $37.7M in 2022.

In 2022, Paraguay did not export any services to Colombia.

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $49.3M to Paraguay. The main products exported from Colombia to Paraguay were Petroleum Coke ($9.4M), Electrical Control Boards ($5.4M), and Refined Petroleum ($4.21M). During the last 27 years the exports of Colombia to Paraguay have increased at an annualized rate of 8.04%, from $6.1M in 1995 to $49.3M in 2022.

In 2022, Paraguay exported $37.7M to Colombia. The main products exported from Paraguay to Colombia were Starches ($8.57M), Corn ($7.74M), and Malt Extract ($4.04M). During the last 27 years the exports of Paraguay to Colombia have increased at an annualized rate of 6.43%, from $7.01M in 1995 to $37.7M in 2022.

Exports from Colombia (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to Colombia (Flag) (2022)

Latest Data

Trade between Colombia (Flag) and Paraguay (Flag)

Colombia Exports

Paraguay Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Paraguay
Top Destination
Brazil$3.67B

This map shows whether countries import more from Colombia or Paraguay. Each country is colored based on the difference in imports they receive from Colombia and Paraguay or the difference in the growth in imports.

In 2021, countries that imported more from Colombia than Paraguay were United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2021, countries that imported more from Paraguay than Colombia were Argentina ($1.91B), Brazil ($3.67B), and Russia ($356M).

Difference in imports from Paraguay (Flag) and Colombia (Flag) (2022)

Comparative Advantage Colombia - Paraguay

Flow
Scale

This chart compares trade between Colombia and Paraguay by product, considering products traded by both, Colombia and Paraguay.

During 2022, Colombia had a large net trade with Paraguay in the exports of Mineral Products ($13.6M), Chemical Products ($11.3M), and Machines ($8.19M).

During 2022, Paraguay had a large net trade with Colombia in the exports of Vegetable Products ($16.4M), Foodstuffs ($5.46M), and Chemical Products ($4.35M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Colombia has comparative advantage over Paraguay. Similarly, the more yellow a dot/product is, the more Paraguay has comparative advantage over Colombia.

Product Space of Colombia (Flag) and Paraguay (Flag) (2022)

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